# GREAT NORTH BANK
FLORENCE, WI · FDIC certificate 15146 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $233.4M | |
| Deposits | $174.4M | |
| Loans and leases | $155.1M | |
| Total equity | $34.7M | |
| Loans / deposits | 88.24% (p76 of band) | 73.59% |
| Liquid assets / assets | 20.68% (p23 of band) | |
| Uninsured deposits / deposits | 8.24% (p9 of band) | 19.81% |
| Brokered deposits | 11.76% | |
| Wholesale funding | 21.44% (p96 of band) | |
| FHLB advances / assets | 9.68% | |
| Tier 1 leverage | 8.84% (p9 of band) | 11.76% |
| Unrealized securities loss / equity | 0.35% (p99 of band) | -6.57% |
| AOCI / equity | 0.63% (p95 of band) | |
| ROA (annualized) | -0.86% (p4 of band) | 1.17% |
| Net interest margin | 4.14% (p61 of band) | 3.93% |
| Efficiency ratio | 102.00% (p95 of band) | |
| Noncurrent loans | 1.40% (p78 of band) | 0.36% |
| Net charge-offs (annualized) | 0.71% (p98 of band) | |
| Reserve coverage of noncurrent | 56.35% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 21.78% (p56 of band) | |
| Auto loans | $179,000 (0.12% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 28.9% | |
| Employees | 65 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 5 | charge-offs p90 |  |
| 2012-06 | 4 |  | charge-offs p90 |
| 2012-09 | 4 |  |  |
| 2012-12 | 3 |  | noncurrent p90 |
| 2013-03 | 4 | noncurrent p90 |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 5 | capital falling |  |
| 2014-06 | 5 | charge-offs p90 | capital falling |
| 2014-09 | 4 |  | charge-offs p90 |
| 2014-12 | 4 |  |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 4 | uninsured deposits leaving | noncurrent p90 |
| 2015-09 | 3 |  | uninsured deposits leaving |
| 2015-12 | 5 | capital falling, uninsured deposits leaving |  |
| 2016-03 | 4 | noncurrent p90 | capital falling, uninsured deposits leaving |
| 2016-06 | 4 |  |  |
| 2016-09 | 5 | uninsured deposits leaving |  |
| 2016-12 | 3 |  | noncurrent p90, uninsured deposits leaving |
| 2017-03 | 4 | noncurrent p90 |  |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | deposits shrinking |  |
| 2018-03 | 5 | expense ratio p90 | noncurrent p90 |
| 2018-06 | 7 | loans exceed deposits, capital falling, noncurrent p90 | deposits shrinking |
| 2018-09 | 7 | construction >100% equity | loans exceed deposits |
| 2018-12 | 7 | charge-offs p90 | construction >100% equity |
| 2019-03 | 4 |  | expense ratio p90, noncurrent p90, charge-offs p90 |
| 2019-06 | 4 | expense ratio p90 | capital falling |
| 2019-09 | 3 |  | expense ratio p90 |
| 2019-12 | 5 | expense ratio p90, noncurrent p90 |  |
| 2020-03 | 7 | charge-offs p90, uninsured deposits leaving |  |
| 2020-06 | 6 |  | expense ratio p90 |
| 2020-09 | 6 |  |  |
| 2020-12 | 6 |  |  |
| 2021-03 | 5 |  | uninsured deposits leaving |
| 2021-06 | 7 | capital falling, assets shrinking |  |
| 2021-09 | 6 |  | assets shrinking |
| 2021-12 | 4 |  | charge-offs p90, capital falling |
| 2022-03 | 4 | AOCI drag >20% of equity | noncurrent p90 |
| 2022-06 | 6 | capital falling, securities losses >30% of equity, construction >100% equity | reserve under noncurrent |
| 2022-09 | 4 |  | brokered >10%, capital falling |
| 2022-12 | 4 |  |  |
| 2023-03 | 5 | brokered >10%, uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 7 | capital falling, deposits shrinking |  |
| 2023-09 | 8 | noncurrent p90, reserve under noncurrent | capital falling |
| 2023-12 | 4 |  | construction >100% equity, deposits shrinking, noncurrent p90, reserve under noncurrent |
| 2024-03 | 4 | charge-offs p90 | uninsured deposits leaving |
| 2024-06 | 5 | losing money, NIM <2.5%, reserve under noncurrent | securities losses >30% of equity, charge-offs p90 |
| 2024-09 | 6 | noncurrent p90 |  |
| 2024-12 | 5 |  | NIM <2.5% |
| 2025-03 | 4 | capital falling, expense ratio p90 | wholesale funding >15%, brokered >10%, noncurrent p90 |
| 2025-06 | 5 | wholesale funding >15% |  |
| 2025-09 | 5 |  |  |
| 2025-12 | 4 |  | wholesale funding >15% |
| 2026-03 | 6 | wholesale funding >15%, charge-offs p90, uninsured deposits leaving | capital falling |
| 2026-06 | 6 | brokered >10% | uninsured deposits leaving |

## In the news (Google News, unfiltered, newest first; check the city)

- 2014-03-04 [Great North Bank Merges with Wisconsin-based First American - North Wright County Today](https://news.google.com/rss/articles/CBMimwFBVV95cUxOZHRtbzVkRFhOSW4xZjB5bjlDY2lsa01iU3l4U0syS25TZXY4NWVWcEF3THhCdVRoUHg0N3p5VGlvSndaclNWc3gteE5kZ2NHMEpGZ3JsNG9CajdzaEhuZXlsNS1la2lOTTBNQVYwRzdMaS1HNWpwODVxbFpud3BPLTVRSVJHckd6aFVMaFpYWW8zV2VNYWJreVUwQQ?oc=5) · North Wright County Today
- 2021-02-05 [Former board chair Wittkopf named director emeritus at Great North Bank - - ironmountaindailynews.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxNSkliNTVpQ25zdDhhZkFFX29Pa2ZsazM4aWxkeDliX3pQSXpVYVc3eG5ZbURkM0JtS1FuTEIwMVphWHVfeDBJYy05eUU2Q3pUV0o4dXZtT0I4bWIwcVd4N2d1TnFmOUFNbFRXSjBuaFhVTjhQZlEwX3ZqaENRRkh5aW9XSHpmZ1Z5aFJtYzNpSHUxVk95QnVwcU1icl9NSnBDaTlTeXptVTJrcUt6ekZVMDhTTFRFeHVpV0hQQ0Y2aG9wczJGVVM2N2pqOFA?oc=5) · ironmountaindailynews.com
- 2020-09-24 [GNB names three VPs, adds business development officer - - ironmountaindailynews.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQWmltU3BBRm05cVJfRTdjMFUweEtzd3pubS05Sy03MEtZeDQ5ZW5qTlE4T1EwWlZLbk9IM3c4Uk85T1NOSXVTRFpCZmlPQ2RBRE5Td2NoZVdkeVFPbFJFNWpEZWJXNk9RbGdTaVRtRF9uLWgxOWpVemw3XzZZZEh4clZHZExoY3dMOGRZUzUzMDNwMjJRa3NfUTJSaERZbXoxV2VCcmFYNzFWd09JQTg5R0pia0E?oc=5) · ironmountaindailynews.com
- 2019-08-19 [Grad Manages Embers' Corporate Lending - Northern Michigan University](https://news.google.com/rss/articles/CBMiakFVX3lxTE04Ml93SmUwQ05telhIOG5sNGpkbzZGcF82UmlvYTRuV3UtUzl0TWdBVEt3ajYwTUtPa3U4VG9uVnI1Vi02ZDM1TlZ3ZTI3Zk1VZnRORHdQMjdQcEtMT1hvcXcwbU9vT0p6a1E?oc=5) · Northern Michigan University
- 2025-05-21 [Google Wallet adds a whopping 36 new banks and credit unions in the US - androidpolice.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOUHlHWEtUM09hRnNKOFF5U2JBQzdqN2ZvYXN4N0JXS1lXM09mVjMwTFhRU3AyYVNNR1M0Nm5QWWdjSXExbWd1ekZud1B1bVdTQVpaTGhBb01sZEVoMnhERmN6cTl2YlJzVlJaX3BPNXpJNk5hRm5HN094TGJReUZ6M3Q1ek5PU01F?oc=5) · androidpolice.com
- 2025-02-04 [Discover Northeast Wisconsin’s 18 Counties - livability.com](https://news.google.com/rss/articles/CBMingFBVV95cUxPWjI4VzFRMnFpRVEwNFpzelpKcTNjOHk5ZG5tZ3U0Ul9CS21zcjVWMHAxelZ1UHRxZHpObDktUXh6TC10TG9NUlNidmtfQV82NFZ0UnFjY1BkSWFIbGxVaGlDNXF6SUxiQUNjQV9qWkhEbl8xaU4xOG5FQWRGbmF2c1pIWS1BUUJ0c2tucjMzdnJJZXItRUN5NkJoQS1jdw?oc=5) · livability.com
- 2023-05-05 [Allen Wittkopf Obituary (2023) - Crystal Falls, MI - Jacobs-Lundholm Funeral Home - Florence - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQbjZBVXVDOXY5cEdGX2hZZWNWRkkxemh5anhJdW9OSU4wbTVZVTV5aGlZR0tVdkRNYVFSb1NyNG9MVGt1Sk1uSTZpTnFvQ0R2LUMzYVdKT25QelJPNEhxRWljbjE1UXBUR3lxWDFmWms4LVRiaDJVTEQ5SGY1alR0Ui1nMA?oc=5) · legacy.com
- 2023-07-11 [OSHA, state DWD investigate death of 16-year-old at Florence sawmill - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMi1gFBVV95cUxNSWV1TW9TZFhXTEhwUDByejA0SHJ0b1pQb2h2ZndpZ0RwcHJxTzlkQWtPcHlBaURlLUxJN0xKWlNTMXFKclg3VGhwVXZFOG0wWllOVmloc0dEUllXTFBDM3RRdUlzdW5JNjZjcWdpQWFlMm1BcmJ3R0E3VXhOUW9xLXNfdTVkZVNFMzgwRHlyOGc1dmdwUGRBNVltT0tHMTFFTE1aemdiSnBtLXAzcTlFMzBteTBmMWJ2R1BOc18yMmtPY2I4Ym45YlhZTVVPV1RLRDZtay1R?oc=5) · Green Bay Press-Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15146 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/42.json (key "15146", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide